Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$321M |
| 2 |
Medtronic
MDT
|
+$290M |
| 3 |
Apple
AAPL
|
+$171M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$101M |
| 5 |
Microsoft
MSFT
|
+$97.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SWS
SWS GROUP INC
SWS
|
+$970M |
| 2 |
AGN
Allergan Inc
AGN
|
+$459M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$349M |
| 4 |
Eversource Energy
ES
|
+$130M |
| 5 |
CFN
CAREFUSION CORPORATION
CFN
|
+$93.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.99% |
| 2 | Financials | 14.59% |
| 3 | Technology | 14.54% |
| 4 | Industrials | 10.59% |
| 5 | Consumer Discretionary | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SGNT
2076
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $3.39M | ﹤0.01% |
145,643
+16,460
| +13% | +$436K |
|
|
SEMI
2077
DELISTED
SunEdison Semiconductor Limited
SEMI
| $3.35M | ﹤0.01% |
129,941
+102,878
| +380% | +$2.21M |
|
|
SRDX
2078
DELISTED
Surmodics
SRDX
| $3.35M | ﹤0.01% |
128,723
+14,854
| +13% | +$354K |
|
|
GTS
2079
DELISTED
Triple-S Management Corporation
GTS
| $3.34M | ﹤0.01% |
176,817
+25,910
| +17% | +$540K |
|
|
FDML
2080
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $3.34M | ﹤0.01% |
251,096
+7,996
| +3% | +$111K |
|
2081
Columbus McKinnon
CMCO
$557M
| $3.34M | ﹤0.01% |
123,863
+13,175
| +12% | +$340K |
|
2082
Icahn Enterprises
IEP
$5.33B
| $3.32M | ﹤0.01% |
37,003
+5,156
| +16% | +$487K |
|
2083
Restaurant Brands International
QSR
$26.1B
| $3.32M | ﹤0.01% |
86,430
-2,088
| -2% | -$83.2K |
|
|
IIP
2084
DELISTED
INTERNAP NETWORK SERVICES CORPORATION
IIP
| $3.32M | ﹤0.01% |
324,199
+14,924
| +5% | +$153K |
|
|
AD
2085
Array Digital Infrastructure
AD
$3.04B
| $3.31M | ﹤0.01% |
92,817
+281
| +0.3% | +$10.3K |
|
|
OTIC
2086
DELISTED
Otonomy, Inc.
OTIC
| $3.31M | ﹤0.01% |
93,659
+11,521
| +14% | +$394K |
|
|
BDBD
2087
DELISTED
BOULDER BRANDS INC
BDBD
| $3.31M | ﹤0.01% |
347,271
+20,022
| +6% | +$205K |
|
2088
AtriCure
ATRC
$2.22B
| $3.31M | ﹤0.01% |
161,398
+15,904
| +11% | +$308K |
|
2089
Comtech Telecommunications
CMTL
$52.1M
| $3.31M | ﹤0.01% |
114,254
+10,182
| +10% | +$332K |
|
|
CRR
2090
DELISTED
Carbo Ceramics Inc.
CRR
| $3.3M | ﹤0.01% |
108,296
+3,602
| +3% | +$126K |
|
|
GHDX
2091
DELISTED
Genomic Health, Inc.
GHDX
| $3.3M | ﹤0.01% |
108,119
+3,542
| +3% | +$113K |
|
|
PRO
2092
DELISTED
PROS Holdings
PRO
| $3.3M | ﹤0.01% |
133,553
+6,813
| +5% | +$168K |
|
|
SCLN
2093
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $3.3M | ﹤0.01% |
372,386
+24,104
| +7% | +$192K |
|
2094
Gibraltar Industries
ROCK
$1.46B
| $3.29M | ﹤0.01% |
200,782
+6,103
| +3% | +$94.3K |
|
|
GTY
2095
Getty Realty Corp
GTY
$2.04B
| $3.29M | ﹤0.01% |
183,071
+13,498
| +8% | +$244K |
|
|
ISSI
2096
DELISTED
INTEGRATED SILICON SOLUTN INC
ISSI
| $3.27M | ﹤0.01% |
182,902
+12,727
| +7% | +$214K |
|
|
LNW
2097
DELISTED
Light & Wonder
LNW
| $3.27M | ﹤0.01% |
312,181
+6,115
| +2% | +$77.1K |
|
|
LDRH
2098
DELISTED
LDR HOLDINGS CORP COM STK
LDRH
| $3.26M | ﹤0.01% |
89,107
+6,469
| +8% | +$235K |
|
2099
Larimar Therapeutics
LRMR
$454M
| $3.26M | ﹤0.01% |
6,853
+3,757
| +121% | +$1.78M |
|
2100
ePlus
PLUS
$2.32B
| $3.26M | ﹤0.01% |
149,868
+30,060
| +25% | +$584K |
|
Similar funds
Geode Capital Management's Q1 2015 Portfolio in Review
As of Q1 2015, Geode Capital Management held 4,062 positions worth $175B, up 4.1% from $168B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Trading was light in Q1 2015: portfolio turnover was 4.8%. Geode Capital Management opened 82 new positions and exited 115, leaving the 4,062-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 14% a quarter earlier, followed by Financials and Technology.
- Geode Capital Management's largest Q1 2015 buy was TRIBUNE MEDIA COMPANY CLASS A: 453,455 shares worth $27.6M.
- Geode Capital Management added most to Allergan plc in Q1 2015, an estimated $321M increase.
- Geode Capital Management's biggest Q1 2015 reduction was Vornado Realty Trust, cutting an estimated $8.04M.
- Geode Capital Management fully exited SWS GROUP INC in Q1 2015, selling an estimated $970M.
- Geode Capital Management's ten largest holdings make up 15% of its $175B portfolio in Q1 2015.
- Geode Capital Management opened 82 new positions and closed 115 in Q1 2015.
- Geode Capital Management's portfolio value rose 4.1% quarter-over-quarter to $175B.
Based on Geode Capital Management's 13F filing for Q1 2015, filed 14 May 2015.